Gold (XAU/USD) struggles to capitalize on a solid intraday bounce from sub-$4,800 levels. It remains depressed…
Category: Forex
Positive outlook remains intact near 185.00, all eyes on ECB rate decision
The EUR/JPY cross trades in negative territory near 185.00 during the early European session on Thursday.…
USD/CAD rises toward 1.3700 as pace for potential Fed rate cuts slows
USD/CAD extends its gains for the second successive session, trading around 1.3680 during the Asian hours…
Recovery extends to $88.20, momentum improves
Silver price extended its recovery for the second straight day, up by 3.75% shrugging off broad…
Bank of Korea to manage volatility – Commerzbank
The Korean Won is under pressure despite a benign macro backdrop, with recent GDP data showing…
Fiscal concerns may be overplayed – TD Securities
In their latest report, TD Securities analysts Prashant Newnaha and Alex Loo argue that fears surrounding…
Softens ahead of ECB policy decision – Scotiabank
The EUR is slightly down against the USD, showing signs of consolidation as it approaches the…
Will the ADP Employment Report confirm subdued US labor market conditions?
The Automatic Data Processing (ADP) Research Institute will release its monthly report on private-sector job creation…
Upward momentum regains – Societe Generale
Societe Generale reports on the recent movements in USD/JPY, highlighting a V-shaped rebound and the importance…
Euro gains ground above 1.1800 ahead of Eurozone HICP release
The EUR/USD pair trades on a firmer note near 1.1830 during the early European session on…